The first round of Iranian Technicians Olympiad rounded off this week.
Focused on the repair of four major categories of mobile phones and tablets, household appliances, air-conditioning…
Economy
Economy
Apple Inc. is expected to report iPhone sales increased slightly more than 1% in the holiday quarter when it announces earnings on Tuesday, its slowest growth ever and far from the double-digit…
Economy
According to the latest statistics released by the Ministry of Communications and Information Technology, 72 million SIM cards are active in Iran, indicating a mobile technology penetration rate…
Economy
Philips, the Dutch maker of LED lights and medical scanners, on Tuesday reported core fourth quarter earnings ahead of expectations, but issued a cautious outlook for 2016. The company, which is…
Economy
Analysts are blaming the worsening weather inversion, air pollution and traffic problems, and the increasing fuel consumption in most large cities on the government’s controversial car loan scheme…
Economy
Implementation of the nuclear accord and the lifting of sanctions should reduce the cost of money and trade for Iran, Ahmad Hatami Yazd, former CEO of Bank Saderat said. Foreign bureaux de change…
Economy
The housing market in Tehran is slowly waking up from a long slumber and entering "pre-boom levels" as the total number of home deals in the ninth month of the fiscal year (Dec. 22, 2015- Jan. 20…
Economy
The government plans to issue bonds worth 400 trillion rials ($ 13.2 billion) to cover its debts, a measure which is included in the next year’s budget bill and the sixth development plan (2016-21…
Economy
Bahrain has not yet made a decision about the fate of an Iranian-owned bank based in the Persian Gulf state that is presently under administration, a senior Bahraini central bank official told…
Economy
Collaboration with Italian and French Banks are priorities for forging correspondent relations, said Ali Saleh Abadi, chief executive of Export Development Bank of Iran, Eximnews reported…
Economy
Iran’s home appliance market has an annual turnover of 200,000 billion rials ($5.7 billion at market exchange rate), said the spokesperson of Home Appliance Producers Association. Hamidreza…
Economy
The goods and services Consumer Price Index for urban areas increased to 13.2% in the 12-month period ending January 20, which marks the end of the Iranian month of Dey, compared with last year’s…
Economy
Iran’s non-oil foreign trade during the 10 months ending January 20 stood at $69.45 billion, according to the latest report by the Islamic Republic of Iran Customs Administration.
Economy
The $11 billion clothing market in Iran, coupled with the lack of competitiveness and diversity, has created a fertile ground for rampant garment smuggling, which poses an existential threat to…
Economy
South Korea launched a business center to support local firms exporting to Iran on Monday, as the Islamic Republic is opening its market following the recent lifting of western sanctions, the…
Economy
Majlis Planning and Budget Commission on Sunday approved the outlines of the budget bill—on an 18-2 vote—for the upcoming Iranian fiscal year (starting March 20. The government’s general…
Economy
The export of eggs from Semnan to Iraq during the 10 months to January 20 stood at 560 tons, says director general of the Iranian province’s Veterinary Department. Mohammad Saeedi added that…
Economy
A representative of Premium Tobacco International, a major tobacco dealer, visited Tehran on Sunday and met with the head of Iranian Tobacco Company over a previous tobacco deal for which Premium…
Economy
Tehran Stock Exchange’s all-share index TEDPIX jumped 1,117.40 points or 1.65% to end Monday trade at 68,8857.5.
Over 2 billion shares valued at $125.6 million were traded to post a…
Economy
Tehran-based Griffon Capital said on Monday it had launched an overseas Iran-focused equity fund and is seeking to raise €100 million ($108.28 million) from European investors by the yearend. The…
Economy
Private finance company, Middle East Finance, officially based in Ireland, says it has signed agreements with the Iran’s Ministry of Industries, Mining and Trade in Tehran to invest, own and…
Economy
Geopolitics moved front and center as a driver to shipping, following the lifting of sanctions against Iran on January 16.
Economy
China and Iran have enjoyed close-knit relations, since China’s Han Dynasty (207 BC-220 AD) welcomed merchants from Central Asia, India and Persia (Iran) to trade goods in the country, which was…
Economy
The international community became fully aware of the seriousness of Iran and China about future cooperation, with the announcement this week of bilateral deals worth $600 million between the…
Economy
High-ranking officials from Iranian Diesel Engine Manufacturing Company and Germany's Daimler have reached an agreement on producing three engines in Iran.
Economy
